5, QUEEN STREET, BALDERTON, NEWARK, NG24 3NR - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 QUEEN STREET is a large detached house of 119m², built sometime between 1930 and 1949. It was last sold for £240,000 in February 2019, which was around 10% below the average February 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

5 QUEEN STREET Sold Prices

Land registry data shows three sales for 5 QUEEN STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 5 QUEEN STREET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 22 FEB	£240,000	£265,283	10% below HPI
2017 7 JUL	£175,000	£249,927	30% below HPI
2015 11 FEB	£195,700	£223,657	12% below HPI

5 QUEEN STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 5 QUEEN STREET sales between February 2015 and February 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 QUEEN STREET?

5 QUEEN STREET is 119m² according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of detached houses in Balderton, based on EPC data. The below chart shows the distribution of detached houses by size in Balderton, and where 5 QUEEN STREET lies on this distribution: 75% of detached houses are smaller than 5 QUEEN STREET, and 24% of houses are larger. Note that EPC data is not available for all properties in Balderton.

5 QUEEN STREET: Plot and Title Map

5 QUEEN STREET sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 QUEEN STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 QUEEN STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 QUEEN STREET?

5 QUEEN STREET is located in BALDERTON, in the NG24 postcode district. The below map shows the position of No. 5 on QUEEN STREET.